MIRA INFORM REPORT

 

 

Report Date :

15.03.2014

 

IDENTIFICATION DETAILS

 

Name :

UNITRADE TRANS CASPIAN TOO

 

 

Registered Office :

Auezova Street 3, Auezovskiy District, Vitrazhniy Uchastok, Almaty 050008 

 

 

Country :

Kazakhstan

 

 

Date of Incorporation :

04.06.2010

 

 

Com. Reg. No.:

10430

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

importers and suppliers of tea and spare parts for oil industry.

 

 

No. of Employees

03

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

No Complaints 

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – december 01, 2013

 

Country Name

Previous Rating

(30.09.2013)

Current Rating

(01.12.2013)

Kazakhstan

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Kazakhstan - ECONOMIC OVERVIEW

 

Kazakhstan, geographically the largest of the former Soviet republics, excluding Russia, possesses enormous fossil fuel reserves and plentiful supplies of other minerals and metals, such as uranium, copper, and zinc. It also has a large agricultural sector featuring livestock and grain. In 2002 Kazakhstan became the first country in the former Soviet Union to receive an investment-grade credit rating. Extractive industries have been and will continue to be the engine of Kazakhstan's growth, although the country is aggressively pursuing diversification strategies. Landlocked, with restricted access to the high seas, Kazakhstan relies on its neighbors to export its products, especially oil and grain. Although its Caspian Sea ports, pipelines, and rail lines carrying oil have been upgraded, civil aviation and roadways continue to need attention. Telecoms are improving, but require considerable investment, as does the information technology base. Supply and distribution of electricity can be erratic because of regional dependencies, but the country is moving forward with plans to improve reliability of electricity and gas supply to its population. At the end of 2007, global financial markets froze up and the loss of capital inflows to Kazakhstani banks caused a credit crunch. The subsequent and sharp fall of oil and commodity prices in 2008 aggravated the economic situation, and Kazakhstan plunged into recession. While the global financial crisis took a significant toll on Kazakhstan's economy, it has rebounded well, helped by prudent government measures. Rising commodity prices have helped the recovery. Despite solid macroeconomic indicators, the government realizes that its economy suffers from an overreliance on oil and extractive industries, the so-called "Dutch disease." In response, Kazakhstan has embarked on an ambitious diversification program, aimed at developing targeted sectors like transport, pharmaceuticals, telecommunications, petrochemicals and food processing. In 2010 Kazakhstan joined the Belarus-Kazakhstan-Russia Customs Union in an effort to boost foreign investment and improve trade relationships.

 

Source : CIA

 

 


COmpany NAME

 

Unitrade Trans Caspian TOO (Correct)

Unitrade Trans Caspian LLP (Requested)

 

 

company ADDRESS

 

Street    :                      Auezova Street 3

Area      :                      Auezovskiy District, Vitrazhniy Uchastok

Town      :                     Almaty 050008 

Country   :                     Kazakhstan

Telephone :                   (7 727) 395 8084 / 395 9405 / Mobile (7 777) 811 9001 

Fax       :                       (7 727) 395 8084

E-Mail    :                      krs_almaty2008@yahoo.com

 

Shortform Name :          UTC 

 

Extended Name :          Unitrade Trans Caspian Tovarishchestvo s Ogranichennoy Otvetstvennostyu

 

English Translation :      Unitrade Trans Caspian LLP

 

Also known as :             Unitrade Trans Caspian ZhShS

 

 

SENIOR COMPANY PERSONNEL

 

Name                            Position

Ali Akhmar                      Managing Director

 

Total Employees :         3

 

 

PAYMENTS

 

No complaints have been heard regarding payments from local suppliers or banks.

 

We consider it is acceptable to deal with subject for SMALL amounts, although it is normal accepted practice for international suppliers to deal on secured terms with Kazakhstani importers.

 

Trade risk assessment: Normal

 

 

PRINCIPAL BANKERS

 

NAME     :         BANK TSENTRKREDIT AO

Branch   :          Rozybakieva Street 111

Town     :          Almaty

Telephone:        (7 727) 316 0209 / 244 3000

Fax      :            (7 727) 258 4510  

Acc. No. :         KZ928560000003961854

Acc. No. :         KZ228560000003961853

Acc. No. :         KZ928560000003961854

BIK      :            KCJBKZKX (190501719)

Tax No.  :          RNN 600700033173

 

 

FINANCIAL INFORMATION

 

Private companies in Kazakhstan are not required to publish or disclose balance sheets. However, the subject interviewed offered the following information :

 

Sales Turnover      : US DLRS 420,000 - 2013 – approx

 

Net Profit              : not given 

 

Financial year ends 31 December.

 

 

LEGAL STATUS AND HISTORY

 

Date Started :               4 June 2010

 

History :                        The subject company was established in Kazakhstan on 4 June 2010.

 

C.R. No. :                     10430

 

Tax No.: RNN                600700632998

 

Business Identification No.: BIN 100640003185

 

Statistics No.:               OKPO 50982824

 

Authorised Capital :       TENGE 150,000 

 

Paid-Up Capital :           TENGE 150,000  

 


Tovarishchestvo s Ogranichennoy Otvetstvennostyu (Limited Liability Company) with the following shareholders:

 

                                                                                                            Percentage

 

1. Ali Akhmar                                                                              28% 

  (Indian national / RNN 150120000696 / IIN/BIN 760927399036

   Personal No.: 021758075, issued on 30 June 2010)

 

2. Bkhat Hanif Mokhamad                                                                      24%

  (Indian national / RNN 150120833543 / IIN/BIN 731101399082

   Personal No.: 023101098)

 

3. Rashid Mohammad                                                                            24%

  (Indian national / RNN 600720473298 / IIN/BIN 690801399194

   / Personal No.: 1887841, issued on 1 October 2008)  

 

4. Rokhim Dzhaysval                                                                 24%                

  (Indian national / Passport No.: F9510026, issued on 4 October

   2006)   

  

Affiliated companies of Unitrade Trans Caspian TOO:

 

Associates

 

1. Amir & Co TOO

   Auezova Street 3

   Auezovskiy District, Vitrazhniy Uchastok

   Almaty 050008 

   Telephone : (7 727) 395 8084 / 395 9405   

   Fax       : (7 727) 395 8084

   E-Mail    : krs_almaty2008@yahoo.com

   C.R. No. : 33343-1910-ТОО (IU)

   Tax No.: RNN 600700207298

   Business Identification No.: BIN 000540006879

 

2. Geecy Kaz Services TOO

   Kazakhstan

 

 

ACTIVITIES

 

The Company is involved in the following activities :

 

Trading as importers and suppliers of tea and spare parts for oil industry.

 

NACE Code: 4690 

 

Imports from India.

 

Exports to Russia.

 

 

FACILITIES

 

The Company has the following facilities :

 

Rented premises comprising administrative offices and storage facilities located at the heading address.

 

 

REGISTERED OFFICE

 

Auezova Street 3

Auezovskiy District, Vitrazhniy Uchastok

Almaty 050008 

 

 

SPECIAL NOTE

 

You enquired on: Unitrade Trans Caspian LLP. Please note that this name applies to an English translation of the subject’s name. Subject’s correct registered name is as per heading.   

 

Interviewed: Rashid Mohammad (Shareholder). 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

        Rs.61.52

UK Pound

1

Rs.102.22

Euro

1

Rs.85.23

 

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

               

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

 

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

 

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

 

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

 

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

 

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

 

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

 

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

Credit not recommended

 

--

NB

New Business

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.